IPPlus was founded in 1999 after the demerger of the internet division of KDM International. CountyWeb.com as it was called then raised equity in 2000 through a POS prospectus and listed on LSE AIM market in September that year. The web business at that time was a small client of Ansaback Call Centre, CountyWeb bought the business from the Cedar Group in 2001. Shortly after the purchase the decision was made to develop our own software application which was subsequently named CallScripter. The web business was sold and the PLC name was changed to County Contact Centres PLC to reflect the transition. In 2008 with the continued success of the Software both domestically and internationally, combined with launch of the Network Services division it was felt appropriate to rename the holding company to IPPlus better reflecting the diversity and providing a name which had significance within the spheres of operation.

Our client portfolio is extremely prestigious and we go to considerable lengths to preserve their anonymity which also helps prevent casual solicitation. We aim to increase the client base without losing the individual client relationships. A key to our growth has been offering excellent client relationship management and as the business expands we will strengthen this activity. The software division has a product which works well on an International basis and our goal is to become a market leader in delivering the best product in our market niche. Achieving this via multi channel activity with a more recent emphasis in SaaS (Software as a Service) model is eminently achievable.

Recruiting and retaining high calibre staff to achieve the company’s objectives and giving young innovative employees direct access to directors and managers who actually realise they are in the technology revolution and must move forward embracing the developments be they hardware software mobile devices or the latest channel mediums.


http://www.ipplusplc.com/Default.aspx

Disposal - Replacement

RNS


RNS Number : 4920J

IPPlus PLC

12 September 2016




12 September 2016



The following announcement replaces RNS 3801J issued at 7.00am on 9 September 2016 to amend for missing parentheses on the Group's operating loss for the year to 30 June 2015, in the table in section 4 of the Letter to Shareholders. The announcement is reproduced in full below including this amendment.



The Circular will be posted to Shareholders today as previously indicated.



IPPLUS PLC

("IPPLUS", the "Company" or the "Group")

Proposed Disposal of IPPlus (UK) Limited and CallScripter Limited and

Notice of General Meeting

IPPLUS PLC (AIM: IPP), the customer engagement specialist focussed on telephony and secure payment solutions, is pleased to announce the proposed disposal of IPPlus (UK) Limited and CallScripter Limited for an aggregate consideration of £6.7 million (the "Disposal").

Summary Highlights:

· Conditional agreement to sell the Ansaback call centre and CallScripter businesses of the Group to Direct Response Contact Centres Group Limited

· £3.75 million of the consideration will be paid on completion and the balance received in the form of Loan Notes, to be repaid over 42 months post completion

· Sale and leaseback of the Group's property generating further net cash to the Group of c. £0.8 million

· Expected £4.8 million net cash position (including existing Group resources) at completion

· Proposed special dividend of £1 million to shareholders on completion of the Disposal; further announcements will be made following completion

· Proposed change of Group name to PCI-PAL Plc on completion of the Disposal, to reflect the renewed focus of the Group focussing on its secure payments solutions business, PCI PAL

· Focus on pursuing the significant potential in secure payment solutions and the data security market, as evidenced by recent contract wins and growing transaction volumes

· The Company will today send a circular to shareholders convening a General Meeting to approve the transaction, which constitutes a fundamental disposal under the AIM Rules, and to approve the change of name

· A General Meeting is expected to take place at 10 a.m. on 30 September 2016, at the London offices of Shepherd and Wedderburn LLP (details below) (the "GM"), with completion expected shortly thereafter

· Irrevocable commitments to vote in favour of the GM resolutions received from holders of over 50% of the total voting rights including members of the Board

Commenting on the transaction and the renewed focus of the Group, Chief Executive Officer of IPPlus, William Catchpole said:

"The opportunity to focus fully on PCI-PAL and the high growth market for secure payment solutions is a natural step for the business given the appetite that we are seeing in the market. Existing clients include major global brands spanning the retail, service, and financial services sectors and the business is enjoying a strong rise in transaction volumes.



"The FinTech sector is being shaped by those with first mover advantage. As a result of this sale, the Group will soon be renamed PCI-PAL to reflect the renewed focus and will be well funded to pursue the growth opportunity."





This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014 (MAR). Unless otherwise indicated, capitalised terms in this announcement have the same definition as in the circular being sent to Shareholders.



Shareholders should read the circular being sent to them in full. A copy of the Letter to Shareholders being included within the circular is reproduced in below without material adjustment.

New high.

So it is! A bit like my blood pressure when I look at my f****d up Stockwatch! 😬

:-)) I'm in 88E now, hope you are not. Lol

Oh noooooo! Got a load of free shares riding on 88E. It's doomed now then! 😬😄

Completion of Disposal & Company Changes Update
RNS
RNS Number : 3669L
IPPlus PLC
30 September 2016
 
 
IPPLUS PLC
("IPPLUS" or the "Group")
 
Completion of Disposal,
Change of Name and Registered Office,
and Board Changes
 
IPPlus PLC (AIM: IPP), the customer engagement specialist focussed on telephony and secure payment solutions, is pleased to announce that following the successful passing of all resolutions put to the general meeting held on 30 September 2016 (the "General Meeting"), the disposal of IPPlus (UK) Limited and CallScripter Limited (the "Disposal") has now completed and as a result IPPlus has exited its call centre operations. 
 
New Focus and Available Resources
 
Following completion and including the proceeds of a property sale, the continuing Group now has approximately £4.8 million in net cash.  A further announcement will be made in relation to the proposed special dividend of £1 million to shareholders. The Group will now focus its efforts and resources on the significant opportunities in secure payments presented by its PCI-PAL products and services, in which both the client base and transaction volumes have been growing.  
 
Change of Name and Registered Office, New Trading Symbol ("PCIP")
 
Following shareholder approval to the change of name at the General Meeting, the Group is pleased to announce that its new name of PCI-PAL PLC has been registered at Companies House today, and is now effective.  The new name reflects the sole focus of the Group on its secure payments solutions business.  The Company also confirms that it has changed its registered office with immediate effect to Unit 7, Gamma Terrace, Masterlord Estate, Ipswich IP3 9FF.
 
It is expected that trading in the Company's shares on AIM under the new name of PCI-PAL PLC and under the TIDM1 "PCIP" will commence with effect from 8.00am on Monday 3 October 2016.  Certificated shares held in the old name of IPPlus PLC remain valid.
 
Board Changes
 
To support the planned growth in its business, PCI-PAL PLC is pleased to announce the appointment of James Barham and Andy Francombe to its Board of Directors.  Andy Francombe joins as Chief Financial Officer and James Barham is promoted to Commercial Director.
 
James Christopher Barham, aged 34, graduated from Bath Spa University and worked for Hiscox Plc and Call Connection Ltd before joining IPPlus in 2008, where he held several senior management positions before being appointed to the Board of IPPlus (UK) Limited in 2015.  James has been instrumental in the growth of the telecoms and payments businesses and the ultimate evolution of the PCI-PAL product suite.  James is responsible for sales, operations and commercial development.
 
Andrew ('Andy') Kevin Francombe, aged 53, is a Fellow of the Institute of Chartered Accountants in England & Wales having qualified with Ernst & Young.  Andy has held senior finance roles for The Coca-Cola Company in Europe and Macquarie Bank, in addition to being Finance Director at Conran Restaurants and Deputy Finance Director at Schweppes Beverages.
 
Finally, as outlined in the Company circular published in connection with the disposal, Stuart Gordon has resigned from the Board with immediate effect. The Board would like to thank Stuart for his many years of service and wishes him well in his future endeavours.
 
William Catchpole, Chief Executive Officer of PCI-PAL PLC, commented:
 
"This marks the beginning of our next phase of growth and is a very exciting time for the business.  The opportunities to grow our secure payments operations are without doubt considerable.  We have an excellent team in place and cash resources to pursue our strategy."
 
Additional information required under the AIM Rules in relation to the newly appointed Directors is included below. 
 
(1)           Tradable Instrument Display Mnemonic, the code used to identify a traded quoted security
 

New company name PCI-PAL PLC Shares start trading Monday.

PCI-PAL PLC has a thread.